Title Source, one of the nation’s largest independent providers of title insurance, property valuations and settlement services, today announced Brian Hughes, the company’s Chief Operating Officer, will be one of the industry thought leaders on the compliance management systems panel discussion entitled Perfect Your Policies and Procedures at the National Settlement Services Summit (NS3) on Friday, June 9.
“I think one of the biggest messages on the topic of compliance is being aware of what you need,” Title Source Chief Operating Officer, Brian Hughes said. “It all starts with creating a set of written policies and procedures, having a system that ensures you’re keeping them up to date, and tying those together with changes that are driven from a process team or technology team that forces the updates into those policies and procedures.”
In the current heavily regulated environment, it’s more important than ever for title companies of all sizes to create effective policies and procedures, as well as a system that ensures its compliance to them. At the same time, title companies must stay on top of continual updates, being aware of regulatory changes and being prepared to make changes as quickly as possible.
“The important thing is to have a system that has regularly scheduled, timely control plans to verify that your process actually matches your policies and procedures,” Hughes said.
The summit takes place June 7 through 9 at the Marriott Rivercenter in San Antonio, Texas and expects to attract more than 750 professionals from across the country, including title agents, underwriters, attorneys, settlement services providers, mortgage lenders and technology solutions providers.
About Title Source®
Title Source is the largest independent provider of title insurance, property valuations and settlement services in the nation. The company is a preferred provider to nine of the top 10 retail mortgage lenders and provides commercial title services to real estate professionals, corporations and attorneys nationwide. Title Source is based in Detroit, Michigan, and retains regional operating centers in California, Ohio, Pennsylvania and Texas.